| Overall Rating | Silver - expired |
|---|---|
| Overall Score | 51.07 |
| Liaison | Lindsey Kayman |
| Submission Date | March 4, 2021 |
City University of New York, John Jay College of Criminal Justice
PA-10: Sustainable Investment
| Status | Score | Responsible Party |
|---|---|---|
|
2.07 / 3.00 |
Lindsey
Kayman Environmental Health and Safety Director Public Safety and Risk Management |
Total value of the investment pool:
Value of holdings in each of the following categories:
| Value of holdings | |
| Sustainable industries (e.g., renewable energy or sustainable forestry) | 0 US/Canadian $ |
| Businesses selected for exemplary sustainability performance (e.g., using criteria specified in a sustainable investment policy) | 0 US/Canadian $ |
| Sustainability investment funds (e.g., a renewable energy or impact investment fund) | 4,000,000 US/Canadian $ |
| Community development financial institutions (CDFIs) or the equivalent | 0 US/Canadian $ |
| Socially responsible mutual funds with positive screens (or the equivalent) | 0 US/Canadian $ |
| Green revolving funds funded from the endowment | 0 US/Canadian $ |
A brief description of the companies, funds, and/or institutions referenced above:
$4 million (31% total funds) invested in an Impact Fixed Income Fund with Earnest Partners, a majority minority-owned firm. Touchstone Impact Fund - https://www.westernsouthern.com/touchstone/mutual-funds/impact-bond-fund - "Prefers to invest in securities of government programs and companies that have sustainable operating models by considering a wide range of factors including, but not limited to, support for economic development, home ownership and job creation"
Percentage of the institution's investment pool in positive sustainability investments:
Does the institution have a publicly available sustainable investment policy?:
A copy of the sustainable investment policy:
The sustainable investment policy:
SECTION 11. SOCIALLY RESPONSIBLE INVESTING
The Foundation seeks investments that align with its mission, and to avoid investments that do not adhere to responsible environmental, social, and governance (ESG”) practices. The Foundation recognizes that certain ESG factors are part of a comprehensive investment evaluation process and can have a material effect on financial returns. To this end, the Foundation seeks investment managers that actively incorporate such ESG factors into their investment decision making.
Does the institution use its sustainable investment policy to select and guide investment managers?:
A brief description of how the sustainable investment policy is applied:
The policy above explains that only investment managers who actively incorporate responsible environmental, social, and governance factors in their investment decision making will be selected to manage John Jay's investments.
Has the institution engaged in proxy voting, either by its CIR or other committee or through the use of guidelines, to promote sustainability during the previous three years?:
A copy of the proxy voting guidelines or proxy record:
A brief description of how managers are adhering to proxy voting guidelines:
Has the institution filed or co-filed one or more shareholder resolutions that address sustainability or submitted one or more letters about social or environmental responsibility to a company in which it holds investments during the previous three years?:
Examples of how the institution has engaged with corporations in its portfolio about sustainability issues during the previous three years:
Does the institution participate in a public divestment effort and/or have a publicly available investment policy with negative screens?:
A brief description of the divestment effort or negative screens and how they have been implemented:
Approximate percentage of endowment that the divestment effort and/or negative screens apply to:
Does the institution engage in policy advocacy by participating in investor networks and/or engage in inter-organizational collaborations to share best practices?:
A brief description of the investor networks and/or collaborations:
Website URL where information about the institution’s sustainable investment efforts is available:
Additional documentation to support the submission:
Data source(s) and notes about the submission:
The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.